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BTC/USD
Bitcoin rallied again during the trading session on Wednesday, as we have broken as high as $12,800. We are starting the next impulsive move higher, so it looks likely that the 20 SMA on the hourly chart will continue to offer dynamic support, meaning that as a record this, there should be significant support at the $12,200 level, and most certainly at the $12,000 level underneath, which has psychological importance. Remember, after yesterday’s ascending triangle, it looks as if we are going to aim towards the $13,000 level.
BTC/JPY
Bitcoin rallied significantly against the Japanese yen as well, as we are heading towards the ¥1.5 million level. I think that pullbacks are going to be value propositions, and I believe there’s a bit of a floor in the market at the ¥1.325 million level. Because of this, buying the dips continues to be the way forward as Bitcoin rallies.
Thank you for watching, I’ll be back tomorrow.
Jon Blowhard 
What dips? lol
no corrections no dips, should be 15k today
easy money, just goes up up up up up up now, never corrects, never drops, no worries just put your $$ in and watch it grow like mad
20k by Monday guaranteed, no drops, no corrections, no red bars for even 10 minutes, i dunno i may be off, 50k Monday?